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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (14422)6/18/2005 2:23:03 PM
From: Wade  Read Replies (1) | Respond to of 18308
 
I am all in for 6 months..but I have no problem to put more G. Glue on my hands. No trading,.....nah...just a little bit rotation...., that was what I meant. <GG>



To: loantech who wrote (14422)6/20/2005 4:36:23 AM
From: labbe  Read Replies (1) | Respond to of 18308
 





TSX TSX-VEN CDN Any US

Canadian Company Press Releases

ABS 2005-06-20 (provided courtesy of CCNMatthews .)
register to receive future releases by email from CCNMatthews

Absolut Intersects 1.48 g/t Gold Over 107 Metres

TORONTO, ONTARO--(CCNMatthews - June 20, 2005) - Absolut Resources Corp.
(TSX VENTURE:ABS) is pleased to announce that the Company has received
further drilling results from its Phase Three reverse circulation drill
program completed on the Pico Machay, High Sulphidation Gold Project in
Peru. Highlights include ABS-136 intersecting 107.5m @ 1.48 g/t Au,
ABS-140 intersecting 43.5m @ 1.77 g/t Au and ABS-143 intersecting 46.5m
@ 1.49 g/t Au.

Drillhole ABS-143 is located 125m to the northeast of the previously
reported ABS-135 (30m @ 2.32 g/t Au) (see Company press release dated
June 8, 2005). From hole ABS-135 the orientation of the mineralisation
changes from east-west to northeast as it wraps around the contact
between the dacite dome and the overlying volcanics. The strike length
of the main zone to date is 600m and remains open to the northeast and
west.

For drill hole locations and sections please click here:
absolutresources.com

Drill results, calculated using a 0.3 g/t Au cut-off and up to 1.5m of
internal dilution are as follows:

/T/

Length Grade
Hole From To (m) (g/t)
---------------------------------------------------------------------
ABS-136 0.0 107.5 107.5 1.481
122.5 149.5 27.0 0.478

ABS-137 No significant assays

ABS-138 58.0 61.0 3.0 0.375
74.5 79.0 4.5 0.552
85.0 91.0 6.0 0.618
97.0 101.5 4.5 0.496

ABS-139 52.0 55.0 3.0 0.365
56.5 62.5 6.0 0.434

ABS-140 25.0 68.5 43.5 1.768

79.0 82.0 3.0 0.422

ABS-141 56.5 98.5 42.0 0.526

ABS-142 4.0 16.0 12.0 1.332
26.5 29.5 3.0 0.578
35.5 44.5 9.0 0.610
76.0 97.0 21.0 0.418

ABS-143 2.5 49.0 46.5 1.486
70.0 73.0 3.0 0.310
91.0 95.5 4.5 0.697
106.0 109.0 3.0 0.530

ABS-144 0.0 2.5 2.5 0.756

ABS-145 29.5 32.5 3.0 0.605
37.0 44.5 7.5 0.946
52.0 55.0 3.0 0.568

/T/

As a reference, the Newmont / Buenaventura Yanacocha high sulphidation
gold mine has an overall grade of 0.96 g/t Au and Barrick's Alto Chicama
deposit grades 1.39 g/t Au.

Absolut's wholly owned subsidiary, Minera Calipuy SAC has an agreement
with Monterrico Metals PLC to earn up to a 75% interest in the Pico
Machay gold project.

Absolut has implemented a quality control program to ensure best
practice in chemical sampling and analysis of surface and reverse
circulation drilling samples. Analytical services are provided for by
ALS Chemex Laboratories in Lima and North Vancouver.

Absolut Resources Corp. is a precious metals exploration and development
company based in Toronto, Canada. Absolut believes in an international
best practices approach, and implements this on all its social and
environmental decisions. The required qualified person for the Pico
Machay Gold Project is Mr. Dan Noone, who is a member of the Australian
Institute of Geoscientists.

This press release contains forward looking statements.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Absolut Resources Corp.
Dan Noone
President & CEO
(416) 214-4654
(416) 599-4959 (FAX)
www.absolutresources.com

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.






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